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Business, 22.08.2020 22:01 issaaamiaaa15

explain the income method of calculating national income. assume that a farmer sells wheat to miller for rs. 15. the miller turns wheat into flour, which she sells to a baker for rs. 35. the baker turns the flour into bread and sells to consumer for rs. 60. calculate the gdp in this case? which method do you use to calculate gdp in this case? what precautions should be taken in that method?

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explain the income method of calculating national income. assume that a farmer sells wheat to miller...
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